September 2019 Release Notes

Key Updates:

The onboarding process for Clients has been enhanced and now allows for streamlined editing and updating of UBO entities in support of continued optimization efforts.

2. Document Review Automation

Expedite the processing of verified Customers prompted to upload documentation such as an ID or passport. The automation efforts provide more detailed feedback to end users and drive more scalable document processing.

3. Partnership Program Launch

Dwolla has created the Dwolla Partner Ecosystem as a way to connect clients with additional services that complement its offering. Dwolla is partnering with industry leaders in key areas to build out a network of service providers that will ultimately help the company’s clients expand their businesses. The Dwolla Partner Ecosystem will provide access to service providers for international payments, bank verification, development resources and much more.

4.Knowledge Based Authentication (KBA)

Personal verified Customers moving through the identity verification process now have the ability to enable KBA if they are not automatically verified. This addition would replace the retry flow and allows end users to answer time-boxed questions regarding their personal history to verify their identity.

5. Operational Notifications Updates

Regulations require electronic notifications to be sent when certain activities occur. Understanding when this communication is required and what content needs to be included can sometimes be a significant development lift for our clients. Operational Notifications from Dwolla deliver a personalized email experience with almost no effort. With these additions, configurable email content is now set up during the client onboarding process and administered through the dashboard.

Tech Topics:

Based on feedback from the developer community, we recently decided to build a new Java SDK for our API to make integrating with our API easier for Java developers using Kotlin. Kotlin describes itself as: A statically typed programming language targeting JVM, Android, JavaScript & Native.

We Write Code has joined the Dwolla Partner Ecosystem, a network of companies that provide tools and services for customers of Dwolla. As a Systems Integrator, We Write Code offers services that help our clients build out custom solutions for their payments application leveraging the Dwolla Platform.

3. Dwolla Connects Businesses With International Payments

TransferMate and CurrencyCloud have joined the Dwolla Partner Ecosystem, allowing for international money movement for customers of Dwolla.

Dwolla, Inc. is an agent of Veridian Credit Union and all funds associated with your account in our network are held in one or more pooled accounts at Veridian Credit Union. These funds may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union.